New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1887-03-10
NEGOTIATIONS PENDING TWO WEEKS


THE PENNSYLVANIA OFFICIALS NOT SURPRISED
OPINIONS OF READING MANAGERS.
PHILADELPHIA, March (Spccial.-The rumored
deal between the Baltimore and Ohio Railroad
and the Richmond Terminal Company was the
all-abs0rbinS theme with the different railroad
officials in this city to-day vice-presdent OF
the Pennsylvania Railroad Company said: I'VE
have had knowledge for two weeks that negotia-
tions pending between Alfred Sully and
President Garrett with reference to the former
getting control of the Baltimore and Ohio in the
interest Of the Richmond Terminal. We were COM
PEELED TO know it, although we will have no pecu-
mary interest in it, because Of the close business
relations between our company and Others who
are In the proposed deal Our information is
that President Garrett has promised to secure
for Mr. SulU n majority Of the Baltimore and
Ohio stock for 5000 SHARE and the Information
furtheI goes that he Is relieved Of any forfeit
in case OF failure to deliver the stock Our adj
vices do not indicate that he will be able to get
stock, as there are so many interested In the
Baltimore and Ohio who object to yielding the
property to anything that has not strictly Balti-
more Identification. We do not understand that
by the proposed deal the Baltimore and Ohio is to
90 through to Ncw-YOrk. The sentiment of q
majority of those interested in the property Is
against that, and the road will have its Eastern
favor of that, as there are already more lines
to New-YoIll than there is business for. Our in
formation as to the interest of the Richmond
Terminal IN the matter is TO give ID entrance
to Washington to baltimore and Philadelphia.
and connection will be made, if the deal goes
through between the Baltimore and Ohio and
Richmond Terminal by bridaing the Potomac River
at point near Alexandria. OF course there Is
some chance for big speculation in the deal, but
OF that we do not pretend to know anything. One
thing we of and that is that President
Coibin has nothing to do with the deal.
At the Office of the Reading Railroad Company
it was stated by leading official Of the company
that President Corbln was not in the proposed
deal. The stock OF the Reading Company Is
vested in q voting trust, each one Of whom have
given tho promise that the Richmond Terminal
Company. even should 10 get the Baltimore ana
Ohio, will not be given through connection with
Ncw-Yorl< over its tracks. There is great deal
OF truth ia the statement that negotiations are
going on between the Baltimore and ONO and the
Terminal" said receiver OF the Reading, but
not one word In the statement about the Reading
living the new combination an outlet to New
York.
There was n conference az the Pennsylvania
railroad Office to-day between the Adams Express
managers and leading officials OF the Pennsyly ana
COMPANY. IL was afterward understood that the
money ed influences in the deal beside the Rlch-
moud Terminal were the Adams Express Company.
the Western Union Telegraph Company and the
Pullman Palace Car Company. These companies.
IL the deal goes through, are to absorb the tele-
graph, express and palace car privileges on the
Baltimore and Ohio Railroad. These are included
in the speculative opportunities which will be
afforded by the deal as 1t is understood In pretty
well informed circles.